The roles of finance directors/CFOs and finance departments in general are changing. Whilst still expected to fulfil their traditional functions of accounting and financial control, they also need to deliver cost and efficiency savings in their operations, respond to ever increasing regulatory and statutory requirements and add value to the organization as a whole.

Corporate Performance Management (CPM) helps organizations to support their decision makers more effectively – enhancing strategic management through a combination of improved tools and approaches to business. Interest in CPM is growing rapidly but many organizations don’t yet have the basic systems in place from which to adopt CPM successfully.

CODA's suite of financial accounting solutions covers the full range from best-of-class transactional finance systems to the equally sophisticated datamart and analytic applications, as well as expert consultancy and support. Together, these offer organizations of all sizes the complete financial transparency needed to monitor and drive performance, through real-time business analytics from across the enterprise.

The advantages of CODA’s approach to CPM are that:

• Decisions are made on up-to-date, trusted information that reduces business risk and allows organizations to respond quickly to changing conditions.
• CODA’s genuine culture of openness and integration ensures that previous IT investments are protected because its CPM solution can incorporate legacy systems as well as its own products.
• The CODA solution manages global information (such as currencies, units of measure and languages) to simplify complex business decision-making.

Here is a selection of recent reports, white papers and releases covering the issues and recent developments in the field of CPM.